Highlights:
-
o Maiden Resource Estimate (MRE) of 25.7Mt @ 1% Li2O reported in
o This Maiden Resource Estimate is located within a 1.6km section of the 80km strike length of Delta's prospective stratigraphy at the broader
o Drilling at the next target area (Jameson) is scheduled to commence during the current Quarter
- New drilling results in this round of results include:
Yinnetharra
o 30m @ 1.9% Li2O from 199m in YRRD0362 at M36
o 30m @ 1.43% Li2O from 183m in YRRD0361 at M36
o 24.2m @ 1.4% Li2O from 177m in YDRD038 at M1
o 43m @ 0.75% Li2O from 286m in YRRD0348 at M1
o 25m @ 1% Li2O from 35m in YRRD0336 at M1
Drilling at the Malinda Prospect continues to demonstrate quality lithium intercepts from surface with the dominant lithium bearing mineral being spodumene. Recent highlights can be seen below in Table 1* and Figure 2*, with a full list of recent results in Appendix 1 and 2*.
Commenting on the results Managing Director,
"Malinda continues to provide excellent results that highlight the enormous potential our geologists have been talking about since the initial acquisition in late 2022. This confidence has only grown as each round of drilling results have been incorporated into our geological model.
An initial heritage survey has been completed at Jamesons around the immediate locale of our first pass drilling program. This is planned to commence in late March, drilling the high-value geochemical anomalism and Lithium-Caesium-Tantalum pegmatite outrcrop."
Yinnetharra Exploration
The Yinnetharra project is an early-stage exploration project in the Gascoyne region of
The Company is actively exploring at the
Drilling completed to date at Malinda has demonstrated quality lithium intercepts from surface with the dominant lithium bearing mineral being spodumene. Recent highlights can be seen below in Table 1* and Figure 2*, with a full list of recent results in Appendix 1 and 2*.
Lithium resources are largely present in 3 main pegmatites at Malinda from surface to a depth of >300m. Metallurgical test work is ongoing with initial results demonstrating the potential for high recovery of spodumene to high grade concentrates.
Exploration is ongoing at Yinnetharra with additional groundwork commencing within the recently acquired
Drilling at the Jamesons Prospect (Figure 3*) is scheduled to start this quarter utilising an RC rig, accessed and supported from the Malinda Camp. The Jamesons Prospect has very consistent high tenor lithium in soil anomalies with rock chips up to 4% Lithium Oxide and coarse spodumene within outcropping pegmatites at surface. The area has been mapped extensively in preparation for the upcoming drill program.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/TA225YC1
About
Delta Lithium also holds the highly prospective
Contact:
Delta Lithium
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info@deltalithium.com.au
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